Global

Details

  • Service: Tax, Global Mobility Services, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 6/25/2014

Switzerland - FATCA-related Q&As 

June 25: In the last couple of months, most institutions affected by FATCA— financial institutions as well as non-financial companies—were still scrambling to become FATCA-compliant and considering steps for compliance with FATCA once it becomes effective on 1 July 2014.

Switzerland’s FATCA Qualification Committee—led by the State Secretariat for International Financial Matters,the Swiss Federal Tax Administration, the Swiss Federal Social Insurance Office, and several other institutions—in May 2014 released a Q&A document that answers certain questions regarding the implementation of FATCA.


Read a June 2014 blog posting by the KPMG member firm in Switzerland: FATCA Countdown to FATCA




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